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Introducing the concept of the Transit Exchange as a new introduction to a holistic paradigm for urban transport. Linking every type of vehicular ground transport mode in a locale, the transit exchange exists to provide a realtime auction for roadspacetime slots. This will reduce traffic congestion and potentially alleviate the problems of the low income being unable to afford point-to-point transport.
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The New Transport Economy
A New Beginning For Earth's Cities
An overview of a Largescale Transport Operating System
by Eric Masaba of Crane Dragon
This presentation describes how transport
can be adapted to better serve humanity in the 21st Century and how a system that performs all
the functions described has already been designed, tested and deployed in real
conditions.
The presentation will take at most about 8 minutes (at 3 - 5 seconds each page)
If you are not familiar with Texxi or the DRT Exchange, please see the list of further
presentations at the end of this presentation.
● That summons rides in vehicles(multi-modal)
● With a search application for social transit(to find ridematches in realtime)
That calculates CO2 and pollutant emissions
● Which congestion charges per vehicle seat● And optimises roadspacetime and provides
real-time outputs to urban authorities● Provides a viable mobility alternative to owning
a private car without limiting freedoms
Texxi allows strangers (or friends) to share seats in vehicles they have dynamically summoned in order to both save money and reduce congestion
Did you know that shared travel is the default mode of mechanised transport for most of human history
Did you also know that it is still the norm in most countries of the world even today
Myanmar
Matatu - Nairobi, Kenya
Kampala, Uganda
Dolmus, Turkey
Did you also know that the average car is used for less than one hour a day and carries only one passenger for 90% of trips
Source: Susan Shaheen and Daniel Sperling
Did you also know that the taxi business is the only sector of the transport industry in which customers still regularly post pay for their rides?
Post-Pay: that means you ride first then you pay
Exposing the operator to credit risk
Can you imagine an airline in which that was normal practice?
$1,300 please
And speaking of airlines, did you know that it costs more to
travel per mile in a Hackney cab in London than it did flying to New York
on Concorde ?
And back
2002 Concorde Ticket PricesReturn trip: London - New YorkCost £6,800 (FY2002)Miles: 6,000
Cost per mile: £1.13Heathrow to Central London Cab FareOne Way (1 - 5 people)Miles: 24Cost: £42 - £80Cost per mile: £1.75 - £3.33
Best cost (avg 2 ppl): £1.24
That the cab-ride from central London to Gatwick airport costs more
Than it does to fly to Munich
Yes
Munich!
One way taxi from SE23 to Gatwick Airport: £72.00
The taxi fare one-way can cost more than the return flight + beer
Why is that ?
Could things be any different in the transport business ?
Could things be done any better?
So what's the
big idea?
Getting strangers to share rides in vehicles on a large-scale
Dynamically - as in "On the fly"
by pre-summoning their ride in a vehicle type of their choosing
with stated preferences for their co-riders and situational ambience
What are you smoking?
Population 73mCars - 28m
Average Occupancy(all modes) - 1.6 Average annual car mileage - 8,430
Average annual # trips per person -960Average distance of trip - 7 miles
Average distance travelled - 6,726 miles
Most of the decline in overall trips rates between 1995/97 and 2010 can be accounted for by a fall in
shopping and visiting friends
Trips by car (as a driver or passenger) accounted for 64% of all trips made and 78% of distance travelled http://assets.dft.gov.uk/statistics/releases/national-travel-survey-2010/nts2010-01.pdf
in 2010
UK National Travel Survey 2010
We have not only proved that dynamic, real-time ridesharing is not only theoretically possible
but have achieved it in practice in real life situations with real paying customers
People used their mobile devices to hail a vehicle for a shared ride and travelled to a common set of destinations together
with wait times (headways) of as
little as 5 minutes
We are thus proposing a whole new way to look at transport systems in urban areas
in order to make use of the "river of empty seats" available in most city vehicle fleets
Liverpool 2006: March - September
Fridays and Saturdays 22:00 - 03:00
135 trips
Ryde, Isle of Wight 2008: July - December
Fridays 22:00 - 03:00
Ryde Taxis 01943 811 111Fleet Size: 200Licence Type: Private Hire:Proprietor: Andrew YounieFinder: Matthew Burden
700 trips
As in on 700 occasions strangers summoned a shared ride in a taxi by mobile phone message
Imagine
Instead of owning a car, could the average person make each of those 960 trips per year by shared vehicle - whether taxi, shared car from a car club, rented car or carpool
UK National Travel Survey (2010)
Cars: 28mAvg Occupancy: 1.6Avg Trip Length: 7 miles# Trips p.a. 960Total Mileage: 6,726
Highest Mode Occupancy: 2.1 (shopping)
Lowest Mode Occupancy: 1.2 (commuting)
Could we now have a transport system which behaves more like a
nervous system?
That adapts continuously to its customers?
That is highly flexible and responsive to the ever changing demand patterns of the citizens in a municipality?
Offering the full spectrum of service levels, prices and ride qualities
A choice of various vehicle types and configurations
For instance, large capacity buses for peak times
but with a preselected group of passengers so the bus functions like an express bus or luxury vehicle
or optimised for co-riders engaging in a particular activity
The best vehicle to suit the customer's context
A choice of ambience
Choice of ride partner
appropriately equipped vehicles for parents with small children
appropriate vehicles for the mobility impaired
Shared rides for club meets
Transport solutions for medical professionals
Shared rides to help nurses cheaply travel to work at hospitals
and group up to travel in order to be able to respond to shift patterns, even if they don't drive
Commuter solutions for co-workers
From a system that is always on
And always taking bookings
The potential applications are endless
Instead of pandering only to the most common type of person
A phenomenon that could be described as "The Short Head"
A transport system could now adequately serve any section of society - including consumers previously regarded as "niche"
Eliminate the language and script difficulty of both hailing a cab...
and specifying a destination
Innovative, intuitive hailing and billing mechanisms
Catering to tourists and non-native speakers
Branded transit firms rather than simply taxi firms or bus companies
The distinction between buses, taxis, limousines and high end car service firms could finally be moved to one of simply service level proclivity
Buses could operate almost like taxis - picking up passengers from nearer their front doors
Or indeed taxis could now be considered to be small buses, replacing many functions previously
fulfilled by scheduled services
With a pre-screened certain subset of customers inside, like business travellers
Activity partners
Or school children
Corporate outings
Businesses could now attract and retain even more custom
and bar or restaurant patrons could now avoid
the hassle of trying to arrange a designated driver
or the hassle of a conviction
Women could opt to travel in women-only taxis for safety purposes
with a woman driver
And how about payment methods?
Could these be done any better?
Credit Cards?
Prepaid Accounts?
Simple Text Messages
Vouchers
And how about options?
Huh?
As in you pay a small amount upfront to be able to get a specific ride at a certain price on a specific future date
Or conversely be able to sell a ride that you may not be able to use as planned for a certain minimum price
Much as how commodity futures are traded on exchanges
Which is incidentally where such derivatives found their first large scale uses
Think of buying a ride like you would buy foreign currency for a trip abroad
More like a currency (futures) exchange
Or even mobile phone minutes
And Forwards and Futures
Huh again?
Like buying blocks of trips (of a specific quality and to a certain destination) in advance
Much like how people buy contracts for certain agricultural commodities
or oil
Similar to how you might book a hotel room...
or airline seat....
But with the option to pay for the block booking in installments rather than all in one go
Rate your ride provider
Rate your travel partners
Rate the overall experience
As when buying airline seats or hotel rooms, know the final price of the trip before you even board - based on
the destination
And know when your vehicle is due to leave, since you booked it
Make direct comparisons between providers
And if you cannot use a booked trip or a series of trips- simply sell them back to the exchange
Like a trader
That, in a nutshell, is the Transit Exchange Concept
Designed to make the transport system in a city into a holistic entity - more like a travel operating system
or a "Battlespace"
More precisely - a "Travelspace" - with applications, nodes and protocols
One that finds travel partners for people in order to make the most efficient use of each of fuel, time and the roadspace in a city
while lowering the (true) cost of movement for all passengers
And while keeping the earnings up for the vehicle operators
Because we are all more connected in our lives and habits than we may realise
So we can thus optimise the travelspace and its actors.
This is now no longer science fiction. It has been able to be achieved since the invention and proof of deployment of a Texxi system in 2006 - 2008
The future just happened. The future is now.
Thank you for watching
At the time of invention, Texxi and Crane Dragon had no affiliation to any institution. Academic or Corporate.
Texxi was invented by Eric Masaba in 2004 as a solution to the predicted trifecta of a credit crisis, high oil prices and congestion based on global growth of numbers of both automobiles and human beings.
It was largely a fluke.
Texxi - The Electricity MarketTexxi - The 7 ModesThe Core Concepts of a Transit ExchangeTexxi - Company OverviewConnectivity of a Transit ExchangeTexxi - EU Market SizeTexxi - The Market OpportunityNew Transport Policy OptionsThe DRT Exchange ExplainedThe New Transport Economy (REPLAY)Results from Texxi Deployments 2006 - 2009Market Makers and Liquidity in DRT MarketsThe Long Tail for the Transport IndustryThe Evolution of Travel and Search
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